Page 5 - economic report 2019

Index

Introduction 5

The external environment of the Andorran economy

I. The international economy 9
1. The main features of economic development in 2019 9
2. Prospects 14
II. The French economy 18
1. The main features of economic development in 2019 18
2. Prospects 20

III. The Spanish economy 23
1. The main features of economic development in 2019 23
2. Prospects 26

The Andorran economy: general developments

IV. Population, employment and education 31
1. Population and migratory flows 31
2. Employment and unemployment 34 3
3. Education 38
V. Activity and demand 41
1. Developments in economic activity in 2019 41
2. Developments in activity by sector 43
3. Developments in demand by components 47
4. Prospects 48
VI. Prices and costs 51
1. Consumer prices 51
2. Wages 52

VII. The foreign sector 55
1. Foreign trade flows 55
2. Geographical distribution of foreign trade 57
3. Sectoral composition of foreign trade 60
4. Foreign investment flows 64

VIII. The public sector 65
1. Central Government 67
2. Comú governments 72
3. The Andorran Social Security System (CASS) 76